New Version from Dogecoin Developers!
Developers of Dogecoin, whose market value reached $ 6 billion, took action.
A new version has arrived from Dogecoin developers. Dogecoin, with the posts made by the electric car manufacturer Elon Musk, reached a market value of $ 6 billion. However, the developers of DOGE also took action.
Developers of
Dogecoin, one of the popular cryptocurrencies, made a statement yesterday and said that they have created a new version of the protocol core that allows to reduce the expiration time in "mempool", which is a waiting area for acceleration in synchronization and unapproved transactions. In the statement in question, it was noted that the new Dogecoin version is a minor update that includes significant performance improvements.
In addition, the developers noted that they removed the expensive integration checks made when a block was sent to another button, and instead greatly increased the speed of loading blocks by a DOGE node. The new kernel also reduced the cache time of transactions in mempool from 336 hours to 24 hours.
Celebrities Like Elon Musk and Snoop Dogg Tweeted About Dogecoin
Dogecoin, which first appeared as a joke in 2013, is known for its big pump moves, and this year it has made a big leap forward with the tweets of Tesla and SpaceX's CEO
Elon Musk. For Dogecoin, which formed a great "FOMO" after Musk's posts, names such as Gene Simmons and Snoop Dogg made positive statements many times, enabling larger masses to turn their attention to cryptocurrency.
Dogecoin, which recorded an incredible rise with a voluntary advertising campaign, exceeded the market value of $ 10 billion and took its place among the top 10 major cryptocurrencies, but then declined. Dogecoin is currently the 14th largest cryptocurrency with a market capitalization of $ 6.27 billion.
As for the rise in prices and interest in the coin, developers also agree that Dogecoin should not be remembered only with a cute dog.
Making a statement on the matter, Dogecoin development unit chief Ross Nicoll said, “People say this is a joke cryptocurrency, but we are very serious about codes. As the interest started to increase, we wanted to keep the money working.”